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[IP] Fwd: [Dewayne-Net] TAXING HIGH SPEED SERVICES: A QUANTIFICATION OF THE EFFECTS ON THE DSL INDUSTRY AND UNIVERSAL SERVICE




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Date: Tue, 27 Apr 2004 21:17:21 -0700
From: Dewayne Hendricks <dewayne@xxxxxxxxxxxxx>

TAXING HIGH SPEED SERVICES: A QUANTIFICATION OF THE EFFECTS ON THE DSL INDUSTRY AND UNIVERSAL SERVICE

Curiously, on the day the Senate began deliberation on Internet taxation, a new research report on the issue was released. The imposition of state and local telecommunications taxes on digital subscriber line (DSL) services would slash federal Universal Service Fund (USF) contributions by $280 million and lead to $4.3 billion in reduced industry revenues available for investment in new union jobs and expanded availability of broadband technologies, according to a new study released today by the New Millennium Research Council (NMRC). The NMRC study, "Taxing High-Speed Services: A Quantification of the Effects on the DSL Industry and Universal Service," was written by economist Stephen Pociask. Mr. Pociask is president of TeleNomic Research, a consulting firm specializing in public policy analysis for information technology industries. Pociask said: "DSL service is price-sensitive and an increase in taxes would produce an increase in price, leading to a significant reduction in demand and a decrease in total industry revenues." He explained that consumers would migrate to tax-exempt cable-modem service, or abandon high-speed access altogether. "Since cable operators do not pay into the Universal Service Fund, an increase in cable-modem demand would not help state and local governments raise taxes nor would it help fund universal service programs." USF contributions are paid on all interstate telecommunications services and are used to support telecom service for low income customers, underwrite network development in high-cost areas, and fund Internet services for schools, libraries, and rural healthcare providers. Pociask warned: "Because universal service programs are already under financial strain, this substantial contribution loss would put these social programs in serious jeopardy."

[SOURCE: New Millennium Research Council Press Release]
<http://www.newmillenniumresearch.org/news/042604release.pdf>
See full report at:
<http://www.newmillenniumresearch.org/archive/042604report.pdf>


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